I want to suggest the second step of the dance, from my perspective, is the money goes into the trust fund; housing is built; that generates economic activity and reduces the deficit. So the second step to this dance is a deficit reduction using the trust fund, not under the gentleman's amendment though.
Discussing the role of a trust fund in economic activity and deficit reduction.
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Senator, that is just not true now. What we did not do was principal reduction, but there are millions and millions of people that we have provided relief for whose homes were in jeopardy.
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What we learned, first and foremost, is that having one foot in the public sector and one foot in the private sector does not work because when you have a foot in the public sector, taxpayers take the risk, and a foot in the private…
I am wondering, if you think this is redundant and extraneous rather than contrary to the intent, why wouldn't we just accept the amendment and keep going?
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